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Top insurers rule out involvement in controversial project

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Energy

Top insurers Enstar Group Ltd., RiverStone International, SiriusPoint Ltd., and specialty insurers Blenheim Underwriting Ltd. and S. A. Meacock & Co Ltd., have ruled out their involvement in the controversial East African Crude Oil Pipeline project, EnviroNews Nigeria reported. A total of 28 insurers and reinsurers have declared they will not provide insurance for the project because of the substantial pollution and human rights risks it poses.

 

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